Sourced by Sound case study

Sourced by Sound case study

Mount Gravatt, QLD

2+ 3 Bed  | 2 Bath | 2 Car – Townhouse

Investor Brief and Strategy:

Townhouse around $500K budget, with strong growth and high rental yield

Investment Details:

  • Price: from $509,000
  • Rental appraisal: From $500/ week (lower end) or 5% yield
  • 7km to a thriving CBD
  • Boutique development of only 9
  • Average growth of 10% p.a. in the past 15 years (House)

Read about our 15 Key Investment Drivers

Key Investment Drivers:

  • High Online demand
  • 67% Owner Occupiers
  • Affordable Market (29%)

What we liked:

“This boutique block of only 9 x 2 + 3 Bed townhouses, 7km to a thriving CBD, were great value around the $500k mark with strong rental yields at 4.7%. The owner-occupier focus and quality of these townhouses will ensure high growth and rental demand for many years to come.”

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This article is provided for general information only and does not constitute personal advice, as it does not take into consideration your personal circumstances. Please consult a licensed tax or financial advisor before making any decision to invest.